SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.4% APRnext payment −$0.35 per $10,000 · paid last 24h −0.034%

Price spread now: SoDEX against Coinbase International−0.020%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$530.525% of the position

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.116%−$12 on $10k

Price spread, last 3 days (all we have)+0.024%+$2 · spread now −0.020%, 7d avg −0.016%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SPCX-PERP-INTX	153.14	0.0328	pay 0.0041% / 1h	5m 27s	$728K	$986K	10x
Short	SoDEX SPCX-USD	153.11	0.0050	get 0.0006% / 1h	5m 27s	$1.7M	$86K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$58.38
Price spread: −0.020% → −0.016%: −$0.31
Slippage, 4 orders: −$34.52
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$111.22
Costs to cover: 0.525%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; SoDEX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 3 min ago	2.94 bp	8.1 bp −$8	10.7 bp −$107	doesn't fit	doesn't fit
Sell SoDEX live order book, 3 min ago	0.33 bp	18.1 bp −$18	45.8 bp −$458	doesn't fit	doesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX SPCX/USD [ETH-USDC]	L −0.0328% / S +0.0527%	1h	153.10	−0.023%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.12	−0.013%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.655%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.05	−0.059%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.131%	$8K	$954K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.11	−0.020%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	153.02	−0.080%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	153.08	−0.039%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.06	−0.052%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.684%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	153.14	0.000%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.09	−0.033%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	153.11	−0.020%	$1.7M	$86K	20x
Phemex SPCXUSDT	+0.0050%	8h	153.12	−0.013%	$534K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.97	−0.111%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.09	−0.033%	$1.2M	$7.2M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	153.09	−0.033%	$72K	$1.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0091%	8h	153.15	+0.004%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.05	−0.059%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.01	−0.085%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.04	−0.065%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.14	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.12	−0.012%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0123%	8h	153.15	+0.007%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0129%	8h	153.15	+0.007%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.06	−0.052%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCX	+0.0205%	1h	153.09	−0.033%	$143.1M	$119.2M	20x	as long as short
Bullet SPCX-USD	+0.0213%	1h	153.14	0.000%	$11K	$189K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0215%	8h	153.15	+0.007%	$39.3M	$168.9M	75x	as long as short
Variational Omni SPCX	+0.0228%	8h	153.12	−0.015%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0235%	1h	153.06	−0.053%	$621K	$851K	20x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.10	−0.026%	$734K	$3.9M	10x	as long as short
Binance SPCXUSDT	+0.0242%	8h	153.14	0.000%	$252.8M	$1.38B	75x	as long as short
Bitget SPCXUSDT	+0.0291%	8h	153.16	+0.013%	$31.7M	$66.7M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.11	−0.020%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTXlong	+0.0328%	1h	153.14	long leg	$728K	$986K	10x
Aster SPCXUSD1	+0.0389%	8h	153.14	+0.002%	$19.0M	$18.5M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.17	+0.020%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0456%	4h	153.12	−0.012%	$1.7M	$893K	20x	as long as short